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Corporate Results - Hotels


Taj GVK Hotels net profit up

Our Bureau

Hyderabad , July 31

TAJ GVK Hotels and Resorts Ltd has posted an income of Rs 23.16 crore and a net profit of Rs 4.03 crore during the first quarter of the current fiscal.

The company's income increased by 38 per cent and the net profit by 133 per cent when compared to Rs 16.79 crore and Rs 1.73 crore, respectively registered during the corresponding quarter in the previous year.

The company stated that it had been able to achieve 38 per cent growth in revenue mainly due to growth in room occupancies.

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